A good week for Pravin Gordhan
This week’s vote in favour of the business rescue plan – more than six months in the making – is clearly a win for minister Pravin Gordhan
A good week
Though we disagree with the department of public enterprises’ view that SAA is not a vanity project, this week’s vote in favour of the business rescue plan — more than six months in the making — is clearly a win for minister Pravin Gordhan. Whether it’s a win for the fiscus, which will now have to find R10.4bn somewhere to settle SAA’s liabilities and restart this cash-guzzling albatross, is another matter entirely...